RioZim (XZIM:RIOZ.ZW) Gross-Profit-to-Asset %

: 3.96% (As of Jun. 2023)

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Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. RioZim's annualized Gross Profit for the quarter that ended in Jun. 2023 was ZWL16,589 Mil. RioZim's average Total Assets over the quarter that ended in Jun. 2023 was ZWL419,431 Mil. Therefore, RioZim's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2023 was 3.96%.

RioZim Gross-Profit-to-Asset % Historical Data

The historical data trend for RioZim's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RioZim Annual Data

Trend

Dec09

Dec11

Dec12

Dec18

Dec19

Dec20

Dec21

Dec22

Gross-Profit-to-Asset %

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0.06

0.76

19.12

0.17

1.77

RioZim Semi-Annual Data
	Dec09	Dec11	Dec12	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial									0.77	-0.29	0.96	2.24	3.96

Competitive Comparison

For the Gold subindustry, RioZim's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

RioZim Gross-Profit-to-Asset % Distribution

For the Metals & Mining industry and Basic Materials sector, RioZim's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where RioZim's Gross-Profit-to-Asset % falls into.

RioZim Gross-Profit-to-Asset % Calculation

RioZim's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2022 )	/	( (Total Assets (A: Dec. 2021 )	+	Total Assets (A: Dec. 2022 ))	/ count )
	=	930.48	/	( (15396.89	+	89954.547)	/ 2 )
	=	930.48	/	52675.7185
	=	1.77 %

RioZim's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	16588.876	/	( (89954.547	+	748906.986)	/ 2 )
	=	16588.876	/	419430.7665
	=	3.96 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Jun. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

RioZim Gross-Profit-to-Asset % Related Terms

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RioZim (XZIM:RIOZ.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » RioZim Ltd (XZIM:RIOZ.ZW) » Definitions » Gross-Profit-to-Asset %

Traded in Other Exchanges

N/A

Address

No.1 Kenilworth Road, Highlands, Harare, ZWE

Website

https://www.riozim.co.zw

RioZim Ltd together with its subsidiaries engages in mining and metallurgical operations. The company's operating segments include Gold and Base Metals. Gold segment develops and mines gold that is ultimately sold as gold bullion. It generates maximum revenue from the Gold. Geographically, it derives a majority of revenue from Zimbabwe. All the group's operations are located in Zimbabwe and situated in two geographic locations, Masvingo Province and Mashonaland West Province. The company is engaged in the operation of the Renco Goldmine in the south-east of Zimbabwe, Dalny Mine based in Chakari, the Cam and Motor gold and Empress Nickel Refinery mine in Kadoma.

RioZim (XZIM:RIOZ.ZW) Headlines

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